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Munze Munze
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7 years ago
Suppose policy makers underestimate the natural rate of unemployment. In a situation like this, policy makers might implement a policy that
A) attempts to maintain output below the natural level of output.
B) results in deflation.
C) both A and B
D) results in steadily rising inflation.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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vonCOLLINZOvonCOLLINZO
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7 years ago
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Munze Author
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#2
6 years ago
Thanks so much Smiling Face with Open Mouth Slight Smile
Macroeconomics, 6/E (Blanchard, Johnson)
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